Karnataka Circle of Bharat Sanchar Nigam Limited (BSNL) has sign up four million subscribers from 1.8 million by the end of this finacial year. Expansion process of BSNL mobile network suffered a set back for two yeras due to cancellation of tenders for procurement of infrastructure equipments.
Recently the process is cleared and BSNL is ready to execute its plans. In quest of the set goal, operator has cleared out the network clogging. R. Mani, General Manager, Mobile Services said, Congestion is being cleared by increasing the handling capacity of each tower. In Bangalore, capacity of at least 60 towers out of 600 will be improved, he added.
Moreover, 8 new lines will be added in BSNL Karnataka Circle by erecting 800 towers in different parts of the State. It is anticipated that deal is going to be signed with ITI-Huawei consortium as order of purchase of 18 lakh lines has already been filed.
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Spice Communications, the Indian wireless arm of Telekom Malaysia, raised INR5.2 billion (USD128 million) in its initial public offering. The 113.1 million new shares were priced at INR46 each, the top end of the range offered, Spice has revealed in a statement. The sale was oversubscribed more than 37 times. The shares will probably be listed either on 19 or 20 July. Telekom Malaysia will own about 39% of the Indian wireless company after the share sale, while New Delhi-based BK Modi Group and its affiliates will own 41%.
Spice Communications was established in 1997 and holds licences to operate in the Punjab and Karnataka circles. It offers pre- and post-paid GSM call plans under the Spice Telecom banner aimed largely at the youth market. Spice has been one of few operators in India to operate solely on the markets that it originally launched in, but is now looking to cash in on the country’s telecoms boom and has applied to expand its services nationwide.
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BSNL Karnataka subscribers reaches the mark of 4mln (India)
